A 401(k) plan is one of the most powerful tools you can use to save for your retirement. Use this calculator to estimate how much you can save with your 401(k) retirement savings plan.

Personal Information

Current Age

Current Age

Enter your current age.

Retirement Age

Retirement Age

Enter the age at which you wish to retire.

Life Expectancy

Life Expectancy

Enter the age you expect to live to.

Current Annual Income

Current Income

Enter your current income.

Wage Growth Percentage

Wage Growth Percentage

Enter the percentage by which you expect your wages to grow. Typically, 3% - 5%
per year.

401(k) Saving Information

Current 401(k) Balance

Current 401(k) Balance

Enter the current balance of your 401(k) retirement plan.

Contribution Percent

401(k) Contribution Percentage

Enter the percentage of your income you contribute annually to your 401(k) retirement
plan.

Employer Match Percentage

Employer Match Percentage

Enter the percentage of your income your employer matches.

Pre-Retire Rate of Return

Pre-Retirement Rate of Return

Enter the rate of return you expect to achieve on your pre-retirement investments.

401(k) Withdrawal Information

Post-Retire Rate of Return

Post-Retirement Rate of Return

Enter the rate of return you expect to achieve after retirement on your investments.

Inflation Rate

Inflation Rate

Enter the inflation rate you would like to use for this calculation. The historical average is 2-3%.

Results

Information

Resources

401(k) Contributions

Your Annual Contribution:

$0

Your 401(k) Contributions

Your 401(k) contributions based on your current salary. This amount will increase
as your salary increases.

Employers Annual Contribution:

$0

Employer Contributions

Employer 401(k) contributions based on your current salary. This amount will increase
as your salary increases.

Your Total 401(k) Contributions:

$0

Your Total 401(k) Contributions at Retirement

The total 401(k) contribution you are projected to make during your working years
based on your contribution percent.

Total Employer Contributions:

$0

Employers Total 401(k) Contributions at Retirement

The total 401(k) contribution your employer is projected to make during your working
years based on your employers contribution percent.

401(k) Savings

Current Retirement Savings:

$0

Current Retirement Savings

Current retirement savings balance.

401(k) Savings at Retirement:

$0

Savings at Retirement

Based on the information entered this is the amount of money you will have saved
during your working years.

Monthly Retirement Income:

$0

Estimated Monthly Income at Retirement

The estimated monthly income you will earn from your 401(k) savings based on your
rate of return after retirement.

Monthly Income Adjusted For Inflation:

$0

Monthly Income Adjusted For Inflation

The value in "today's dollars" of your monthly retirement income adjusted for inflation.

Excel Federal Credit Union

We were established in 1952 to serve members who work for the federal government and have since expanded to provide financial benefits to employees and individuals of over 400 associations and businesses throughout the state of Georgia. While the majority of our members reside in Georgia, we serve members who live, work and travel throughout the world.